The results of the enterprise’s activity depend on the continuous sequence of taken decisions, which have an effect on its activity. In the process of making managerial decisions, it is important to have information about costs, which leads to the choice of action courses in order to maximize profit. As an integral part of management accounting, cost accounting must provide operational and useful information in the decision- making process, starting with the composition of production costs and ending with the preparation of management reports.
On the way management accounting is organized and some opinions regarding the improvement of management accounting in private medical institutions, a series of proposals can be made aimed at improving the methodology for calculating the cost per calculation object. The establishment without difficulties of some efficiency indicators of the economic unit’s activity based on production costs, the operative calculation of the unit’s final results, the establishment of the patrimony situation and the preparation and timely presentation of the annual financial statements.
